Question

The price of an air conditioner was reduced from rs 27000 to rs 24000 find the rate of percentage

Answer 1

3000 because the rate of change is from 27000 to 24000 so that's the rate of change but I have no idea what the percentage rate of change is omega lul

Answer 2

The percentage decrease in price of Air conditioner is 33.33%

Explanation:

Given as :

The initial price of air conditioner = Rs 27000

The reduce price of air conditioner = Rs 24000

Let the rate of percentage = x %

So, % decrease =
`(\textrm initial value - \textrm final value)/(\textrm initial value)` × 100

Or, % decrease =
`(\textrm 27000 - \textrm 24000)/(\textrm 27000)` × 100

Or , % decrease =
`(3000)/(27000)` × 100

Or, % decrease =
`(100)/(9)`

Or. % decrease = 33.33 %

Hence The percentage decrease in price of Air conditioner is 33.33% Answer